Nasdaq-quoted Safe reported net income of $2.1m for the three months to 30 June, which represents a decline of 91% year-on-year.
The adjusted gain for the second-quarter amounted to $3.2m or $0.02 in earnings per share, which is $0.06 lower than analysts’ consensus estimate.
The Greek bulker owner blamed the dip on a decline in net revenues, which slid 10% to $37.2m
